In 2025, Bitcoin might reach new heights, according to Binance's new CEO, Richard Teng. He believes that positive regulatory movements in the U. S. will drive this change. Speaking at an event in Singapore, Teng explained that the new U. S. President, Donald Trump, is bringing clearer regulations that could boost crypto markets.

Teng expects the year to mark a new all-time high for Bitcoin, building on the optimism that came with Trump's election. Last year, Bitcoin surpassed $100, 000 for the first time, and it's currently trading near $104, 000. Although there's a recent dip, the future looks promising.

Teng pointed out that there's a shift in how people talk about crypto. Leaders in Davos, for example, seem more positive about it. He thinks the U. S. will make progress in areas like token issuance, trading, and asset management.

Trump isn't alone in supporting crypto. Both the House of Representatives and the Senate are also pro-crypto. This could mean new laws that support the industry.

Teng is excited about the possibility of the U. S. establishing a strategic Bitcoin reserve, just like Trump suggested during his campaign. This could provide a lot of "certainty" and "recognition" to the crypto sector.

Bitcoin's Big Year: Why 2025 Could Be a Game Changer

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